16 Property, plant and equipment - KPMG Integrated report 2024/2025

Reconciliation of the carrying amount

	Fixtures fittings and alterations	Computers and communication equipment	Office furniture and equipment		Lease cars	Buildings	Total
EUR 000	Owned	Owned	Owned	Right of use	Right of use	Right of use	Owned	Right of use	Total
Balance as at October 1, 2023
Cost	8,975	7,604	10,819	445	82,969	121,644	27,398	205,058	232,456
Accumulated depreciation and impairments	3,505	2,941	4,299	308	38,872	40,483	10,745	79,663	90,408
Carrying amount	5,470	4,663	6,520	137	44,097	81,161	16,653	125,395	142,048

Movements during 2023/2024:
Additions	653	2,275	802	–	24,528	79	3,730	24,607	28,337
Depreciation	-877	-2,088	-1,442	-88	-20,418	-11,325	-4,407	-31,831	-36,238
Remeasurement	–	–	–	10	230	7,282	-	7,522	7,522
Modification	–	–	–	–	–	169	-	169	169
Disposals cost	-335*	-1,693*	-199*	–	-17,517	–	-2,227*	-17,517	-19,744*
Disposals accumulated depreciation	335*	1,693*	199*	–	16,072	–	2,227*	16,072	18,299*
Balance as at September 30, 2024	5,246	4,850	5,880	59	46,992	77,366	15,976	124,417	140,393

Cost	9,293*	8,186*	11,422*	455	90,210	129,174	28,901*	219,839	248,740*
Accumulated depreciation and impairments	4,047*	3,336*	5,542*	396	43,218	51,808	12,925*	95,422	108,347*
Balance as at October 1, 2024	5,246	4,850	5,880	59	46,992	77,366	15,976	124,417	140,393

Movements during 2024/2025:
Additions	5,655	3,103	1,924	42	23,550	600	10,682	24,192	34,874
Depreciation	-1,244	-1,733	-1,495	-66	-21,056	-10,553	-4,472	-31,675	-36,147
Impairment on disposals	–	-462	-55	–	–	–	-517	–	-517
Remeasurement	1	–	-1	–	2,624	2,743	-	5,367	5,367
Modification	–	–	–	–	–	32,328	-	32,328	32,328
Disposals cost	-91	-1,570	-884	-455	-21,940	–	-2,545	-22,395	-24,940
Disposals accumulated depreciation	91	1,570	883	455	20,218	–	2,544	20,673	23,217
Balance as at September 30, 2025	9,658	5,758	6,252	35	50,388	102,484	21,668	152,907	174,575

Cost	14,858	9,719	12,461	42	94,444	164,845	37,038	259,331	296,369
Accumulated depreciation and impairments	5,200	3,961	6,209	7	44,056	62,361	15,370	106,424	121,794
Balance as at September 30, 2025	9,658	5,758	6,252	35	50,388	102,484	21,668	152,907	174,575

* Adjusted for comparison purposes.

Property, plant and equipment

In early 2025, the Group has started with the remodeling of the head office in Amstelveen. This has led to an increase in the additions related to all categories of Owned Property, plant & Equipment. This is expected to continue till finalization of the renovation in 2027. Also refer to Note 27.

Prior to starting the renovation, the Group renegotiated the lease for the head office in Amstelveen. This is treated as a modification of the contract and increased the right of use assets and lease liabilities by EUR 32.2 million. For more details on leased property, plant and equipment refer to Note 25.1.

Security

For information on pledges and guarantees on property, plant and equipment provided by the Company, refer to Note 27.3.